Setting up a Special Saver Pot with us is a great way to build savings for a special goal you have in mind, and will help you keep tabs on your progress separately to your regular savings balance.
How it works
To set up a Special Saver Pot (in addition to your regular shares), simply get in touch via Members Access or our Secure messaging app, Nivo to tell us the amount you would like to add to your Special Saver Pot each month and we’ll set this up for you. It will appear in your online account as a separate named account, so you can watch you dedicated savings balance grow.
- A minimum contribution of £10.00 a month to your savings pot is required in addition to the minimum £10.00 a month to your regular shares (main savings) account.
- Additional ad hoc one-off payments can be made
- Funds held in all your credit union accounts combined are protected under the Financial Services Compensation Scheme up to £85,000.
- Dividend available at the same rate as the regular share account – subject to available funds at year end and approval by members present at the AGM.
Any other questions?
If there’s anything else you’d like to know about saving with us, setting up a Savings Pot or any other aspect of membership, our friendly team will be happy to help. Here’s how to get in touch.
Good to know: funds held in all your credit union accounts combined are protected under the Financial Services Compensation Scheme up to £85,000. Visit fscs.org.uk for full details.